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Nalezeno "gold": 2073

Fed Chairman Jerome Powell Says Bitcoin Is a Substitute for Gold


Federal Reserve Chairman Jerome Powell sees cryptocurrency as a substitute for gold, rather than the dollar. However, he cautioned that crypto assets, including bitcoin, are highly volatile and not useful as a store of value. Fed Chair Sees Bitcoin as a Gold Substitute During a webinar sponsored...

Dalio Disses Dollar Debt, But Warns Gov’ts May Target Bitcoin & Gold


Ray Dalio. Source: a video screenshot, YouTube, TED The superstar investor and sometime bitcoin (BTC) commentator, founder of major global investment firm Bridgewater Associates Ray Dalio has launched a stinging attack on government and other forms of dollar debt-buying in the form of bonds...

Blackrock Executive Says Gold Now Less Effective Hedge Against Inflation


A portfolio manager and member of Blackrock’s Global Allocation Fund says gold is now a less effective hedge against inflation as well as moves in other assets such as stocks. In comments that appear to undercut the precious metal’s renowned status, Russ Koesterich claims that...

100% in Bitcoin: Gold Bug Peter Schiff’s Son Goes All-in on BTC


Gold bug Peter Schiff has revealed that his son, Spencer Schiff, has gone all-in on bitcoin. Calling his son “brainwashed” for buying so much of the cryptocurrency, Schiff added that he may need to “disinherit” his son to avoid the youngster burning through his hard-earned...

BlackRock Says Gold Bites the Dust as It Eyes Bitcoin


Gold is failing as a hedge against inflation, according to Russ Koesterich, Global Chief Investment Strategist of the world’s largest asset manager, BlackRock, who last year said that gold is "still a buy." Gold's efficacy as a hedge is declining, said Koesterich in his blog post. While...

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